The Management Accountant Who Planned to Improve an Organization's Operations

question 70

Multiple Choice

The management accountant who planned to improve an organization's operations by developing models of consumer behavior would be using which of the following contemporary management techniques:

• A)Target costing.
• B)Benchmarking.
• C)Business intelligence.
• D)Lean accounting.
• E)Focus on the customer.

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Definitions:

Common Stock

Equity ownership in a corporation, with holders having a claim on the company’s profits in the form of dividends and voting rights in corporate governance.

No Par Value

Refers to shares issued without a stated face value, with their selling price determined by the issuing company.

Stated Value

A value that is assigned to no-par value stock by the company’s board of directors, which becomes the legal capital per share of the stock.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.